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1336 16 AVE Calgary, AB T2M 0M1
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Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Capitol Hill
MLS® Listing ID A2016419
Sold Date 04/20/23
Originating Board Calgary
Year Built 1970
Tax Year 2022
Property Description
Don't Miss this Great Opportunity to be your own BOSS | Well established | Highly profitable Liquor Store in a Remarkable Central Area | Very conveniently located on 16 AVE NW (Trans-Canada Highway #1.) / 14 St NW, with the best exposure & to s very high volume of traffic. Abundant free parking in front of the store. It has been in operation since 2005, and very well known to all locally. Right cross from Southern Alberta Institute of Technology (SAIT) , walking distance to LRT stations, North Hill Centre, University of Calgary etc. The lease can be renewed for another 5 years plus two 5-year options to renew. Average annual sales was about $950K, monthly gross rent is about $5K. High profit margin, net income was about $130k-$160K. Current inventory is about $125K. It's very hard to find another liquor store at better location than this one. Don't miss out this rare opportunity. ACT NOW! Please don't approach anyone in the store and please book all showings in advance.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning NW
Exterior
Total Parking Spaces 32
Others
Restrictions None Known
Ownership Private
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